deficit

Hong Kong stocks drop about 2% in Asian session, Japan reports $15 billion trade deficit

Hong Kong stocks drop about 2% in Asian session, Japan reports $15 billion trade deficit

Australia’s unemployment rate drops slightly to 3.4% Australia’s unemployment rate stood at 3.4% in October, slightly lower than 3.5% a month ago, according to the Australian Bureau of Statistics. The country recorded a total increase of 16,800 net jobs from the previous month, the statement said. The latest figures follow a 1% increase in wages …

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California is expected to have a $25 billion budget deficit

California is expected to have a $25 billion budget deficit

California will likely run a $25 billion budget deficit next year, state officials said Wednesday, ending a streak of historic surpluses and acting as a warning to other states of a possible recession. The deficit will likely lead to painful spending decisions in the nation’s most populous state. But that likely won’t affect the state’s …

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